Latin America
Newmont Mining to invest up to $1bn on Merian gold mine in Suriname
Newmont Mining has announced plans to invest around $900m to $1bn in developing the Merian gold mine in Suriname. Located approximately 60km south of Moengo, the Merian site is estimated to contain gold reserves of 4.2 million ounces...
Latin America
South Australia approves Rex Minerals’ mining lease for Hillside project
The South Australian Government has granted a mining lease to Rex Minerals' $800m Hillside copper, gold and iron ore project near Ardrossan on the Yorke Peninsula. In addition to the mining lease, the government has also provided for...
Europe
UK legislators call for an end to forced labour in Eritrea mines
Forty one members of the British Parliament have signed an early day motion that seeks to eliminate “slavery-like” working conditions in Eritrea’s mines, which they say it the main cause for over 5,000 people fleeing the country every month....
Europe
Liebherr’s mining division sees turnover dip
German equipment manufacturer Liebherr said this week the group’s overall turnover for this year is expected to be close to $11 billion (€8.87 billion), slightly below (1%) what achieved in 2013. While the decline does not seem significant,...
Europe
Russian miners find rock containing 30,000 diamonds
Russian workers at Alrosa's Udachnaya diamond mine have found a strange red and green 30 mm rock containing over 30,000 tiny diamonds, which may yield valuable information about how the precious gems form in natural conditions. While...
Asia Pacific
Whitehaven starts shipping coal from Maules Creek mine in NSW
Whitehaven Coal has started transporting coal from its Maules Creek in New South Wales (NSW) earlier than expected. The first coal-laden train departed the mine site heading for the port at Newcastle following a test train. As...
Asia Pacific
Gold Mining to acquire Riverstone Resources’ mining tenement in Australia
US-based Gold Mining has signed an agreement with Riverstone Resources to acquire a 24-acre mining tenement in Queensland, Australia. Located near Eidsvold, the claim is on a property thought to be rich in alluvial minerals. According to...
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